VW Q2 seen weak, questions over outlook

Newswire

By Michael Steen FRANKFURT, July 25 (Reuters) - Volkswagen AG , Europe's biggest carmaker, is expected to post an eight percent drop in second quarter pre-tax profit next week, ratcheting up the pressure on it to reduce its full-year outlook. A Reuters poll of 22 analysts forecast an average second-quarter pre-tax profit of 1.028 billion euros ($1.03 billion) down from 1.115 billion euros in the same period last year. The company reports its first half results on Tuesday. The estimates ...

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